Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
Bitcoin broke $20,000. Lift off.
Careful... if BTC and the alts follow the previous pattern from early 2017 then we might see Bitcoin crater by 30%+ before finding support at the 21 weekly moving average. This could be anywhere between $15K and $17K I'd guess.
With this dump we could see DASH easily form a double bottom around 420000 sats or even form a new bottom as low as 380000 sats or so... (about $60 or so)
And if then DASH follows LTC's previous script from 2017 we might see DASH and other alts rocket up 7x or so as BTC recovers and re-passes the $20K mark and beyond. The bull run will have officially started for alts. This could all play out by mid Jan to early Feb.
Of course, who knows, just because the crypto market has followed much of the previous 4 year cycle, doesn't mean it won't deviate in the next 2 months...
Bitcoin is in full bull trend now without any sign that a serious correction will happen. Too many huge investment funds involved and they are all betting on the one and only. They are simply buying up every attempt to correct and they continue pumping. FOMO building in small investors.
Consequently as previously discussed, DASH/BTC is in complete reset mode. No hard support whatsoever. There is no floor at 380000 sats.
We may see 1 BTC = 1MN. :'-//
DASH/BTC entering the zone of Dash's first four months after inception. Surprised. Not surprised.
